SEC

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are trading lower on Friday after the U.S. Securities and Exchange Commission charged the company’s audit firm with “massive fraud.” The regulatory body charged audit firm BF Borgers CPA PC and its owner, Benjamin F....

In an escalation of tensions between Congress and the U.S. Securities and Exchange Commission (SEC), Patrick McHenry (R-N.C.), Chair of the House Financial Services Committee, has openly criticized SEC Chair Gary Gensler for his evasive responses during a congressional hearing. What Happened:...

The US Securities and Exchange Commission (SEC) has been scrutinizing the nature of Ethereum and whether it should be classified as a security, according to new details emerging from court documents released on Monday. What Happened: This investigation has been ongoing for over a year, unbeknownst...

The launch of the first Bitcoin (CRYPTO: BTC) and Ethereum spot ETFs in Hong Kong marked a modest start, with a total trading volume of just 87.58 million HK$ ($12 million) as markets closed today. What Happened: This figure pales in comparison to the United States’ first Bitcoin ETF launch,...

Billionaire Elon Musk is well-known for his frequent posting on social media, including the X platform which he acquired for $44 billion in 2022. Musk is not allowed to post certain items on social media as part of a settlement made six years ago. What Happened: On Monday, the U.S. Supreme Court...

Blockchain software company Consensys on Thursday announced it is suing the U.S. Securities and Exchange Commission (SEC) in a lawsuit aimed at ensuring Ethereum’s status as a non-security. The lawsuit, filed in the Northern District of Texas, comes amid ongoing regulatory uncertainty...

The wait for Bitcoin options trading continues as the U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on proposals that would allow options on spot Bitcoin exchange-traded funds (ETFs). WHat Happened: This news comes after multiple exchanges, including Cboe, MIAX...

The fervor surrounding Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs) continues to build, particularly after the successful launch of multiple Bitcoin (CRYPTO: BTC) ETFs earlier this year. However, the path to approval for Ethereum ETFs faces continued regulatory scrutiny, with the U.S....

The fight between the cryptocurrency industry and the Securities And Exchange Commission (SEC) continues with The Blockchain Association, a prominent crypto advocacy group, having filed a lawsuit against the SEC in a Texas court, challenging the regulator’s recently adopted definition of...

Ripple Labs is pushing back against the hefty fine proposed by the U.S. Securities and Exchange Commission (SEC) in their ongoing legal battle over XRP. What Happened: In a filing submitted on Monday, Ripple (CRYPTO: XRP) argues against the SEC’s request for a nearly $2 billion penalty,...

Brian Armstrong, CEO of Coinbase (CRYPTO: COIN), has publicly stood up for cryptocurrency and Uniswap in the face of growing regulatory scrutiny from the SEC. What Happened: Armstrong expressed his position on social media platform X on Tuesday. He quoted a post by Hayden Adam, Founder of the...

Hayden Adams, founder of decentralized exchange Uniswap (CRYPTO: UNI), revealed on Wednesday that the exchange has been served a Wells notice by the Securities and Exchange Commission (SEC). What Happened: He vowed to fight against the financial watchdog, asserting that instead of protecting...

Hester Peirce, a Commissioner at the Securities and Exchange Commission (SEC) often referred to as "Crypto Mom," in an interview criticized the agency’s cautious approach to cryptocurrency regulation. What Happened: Peirce on Wednesday highlighted a fundamental philosophical difference...

SEC’s enforcement director Gurbir Grewal on Wednesday reiterated the SEC’s unwavering stance on the application of federal securities laws to the cryptocurrency industry, amid a string of court decisions upholding the watchdog’s authority to regulate crypto assets. What Happened:...

Investors hoping to gain exposure to Ethereum (CRYPTO: ETH) through a U.S. exchange-traded fund (ETF) will have to keep on waiting, as the U.S. Securities and Exchange Commission (SEC) opened a three-week public comment period on proposals from Grayscale Investments, Fidelity Investments and...